President-elect AMLO opposed fracking techniques to produce shale oil and gas, his nominations to conduct Mexico’s future energy policy have sparked controversy and PEMEX’s numbers are in red. Meanwhile, OPEC’s production levels reach new heights and BHP Billiton is selling its US shale portfolio.
Ready to fuel up? Here’s your weekly news roundup:
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Andrés Manuel López Obrador (AMLO) has made clear that his administration will stop hydraulic fracturing (fracking) activities., the president-elect announced on July 31. This technique, commonly used in the US, has just started gaining traction in Mexico for the production of tight oil and gas (shale oil and gas). “We will not use this […]Continue Reading →
President-elect Andrés Manuel López Obrador (AMLO) reaffirmed former PEMEX insider Rocío Nahle as his choice to be Minister of Energy and named the chief clerk during his time as governor of Mexico City, Octavio Romero, to head up PEMEX. AMLO officially announced the nominations at a news conference in Mexico City last week.
At the […]Continue Reading →
Mexico Oil & Gas Review’s interview of the week belongs to Julio Loreto, Country Manager Mexico of Weatherford, which delivers innovate technologies and services designed to meet the world’s current and future energy needs in a safe, ethical and sustainable manner. Across his interview, Loreto highlighted the importance of restructuring Mexico’s oil and gas value […]Continue Reading →